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XRP/USD once $0.3000 is achieved the price could fly

researchsnappy by researchsnappy
February 7, 2020
in Healthcare Research
0
XRP/USD slugs along horizontally as it attempts to break past downward trending line.
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  • Ripple’s XRP price is trading in negative territory, with losses of some 1.10% on Friday.
  • XRP/USD has been pushing aggressively higher for seven consecutive sessions. 
  • The psychological $0.3000 mark is very much within reaching distance. 

XRP/USD weekly chart

The bulls are heading for another week in the green, which would mark two consecutive weeks. 

XRP/USD daily chart 

There will be a challenge for the bulls to break down strong supply within the region of $0.3000-0.3200. 

Spot rate:                  0.2791

Relative change:       -1.30%

High:                          0.2875

Low:                           0.2772

 

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